AUD/JPY – 1H – SELLThe pair goes from the ascending trendline down.
A descent downwards to the next support line at 99.93900 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 100.83100 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.41400 |
| 2nd High | 100.94100 |
| Next High | 100.83100 |
| Current Price | 100.77300 |
| Next Low | 99.93900 |
| 2nd Low | 99.56600 |
| 3rd Low | 99.43000 |